RSMUS.comWhat do all specialty contractors have in common, from plumbers and electricians to HVAC technicians and garage door installers? Sage AI will transform your business.
Sage Intacct was already an unparalleled platform for giving specialty contractors essential accounting tools tailored for the unique needs of construction and real estate. Now, with the integration of Sage AI throughout the platform, sophisticated accounting and advanced financial management have never been easier.
This comes at an opportune time, as demand for specialty contractors continues to increase, along with competition and consolidation across verticals. Everyone needs to elevate accounting to position themselves for the future. Sage AI makes it simple.
Consider these four game-changing features that Sage AI adds to Sage Intacct:
AI assistant
Sage Copilot is the AI assistant that works as your sidekick anywhere on the platform. It knows the nuances of Sage Intacct and the terminology used throughout. It also understands questions asked in natural language. If you ever want information, encounter obstacles, or need help, simply ask Sage Copilot. It can instantly find the data you need, track down a lost document, explain a confusing concept, or complete a simple task.
All the little frustrations that used to cause delays, errors, and stress now have a solution in the form of Sage Copilot. In addition to saving time and being more productive, you can rely on it to help you complete complex workflows correctly or perform in-depth analysis, making next-level accounting accessible to any specialty contractor.
AP automation
Accounts payable no longer takes hours of input and effort now that Sage AI can complete the most time and labor-intensive aspects for you. Simply email incoming invoices to a dedicated email address. Then, Sage AI will identify the critical information—vendor, amount, line items, and more—and prepare a draft bill automatically. You confirm that everything is correct, but otherwise, the AP process runs almost entirely on autopilot.
For a detail-oriented process like AP, where small mistakes can have big financial consequences, it makes sense to rely on precise automation rather than on messy manual processes. Plus, Sage AI uses machine learning to learn from the corrections you make and improve how it processes invoices over time. More than just an efficiency booster, faster and more accurate invoice processing gives you a better understanding of your financial position at all times, leading to smarter decision-making across the board.
GL outlier detection
As your business grows, the speed and volume of accounting activity do too, increasing the odds of mistakes in the general ledger. Sage AI ensures those mistakes don’t have consequences by continually monitoring the general ledger for outliers. If Sage AI detects transactions in the approval cycle that deviate from historical norms, it flags the issue for further attention.
Flagged transactions are sent back to the submitter, who can understand and resolve the issue, rather than sending them along to the approver, who lacks context. This smart approach means that issues get resolved quickly and correctly. And by monitoring the GL for any red flags, Sage AI helps to maintain the integrity of financial data and all the decisions it informs.
Intelligent time tracking
Time tracking mistakes no longer put profitability at risk now that Sage AI can accurately and automatically track what everyone does throughout the day. It works across multiple clients and projects. It also gathers time information from multiple sources, like email, calendars, and collaboration tools so that every minute is accounted for.
Sage AI integrates all this information into intelligent activity cards that suggest how to record time entries based on the actual work that was performed. Once again, you have final approval, along with the freedom to make any changes. Besides that, you and your staff don’t need to spend any time tracking your activities or accounting for your time.
Expect more from your accounting software
Sage AI gives specialty contractors features you’ve always wanted to make accounting feel faster, simpler, and smarter. It also provides the efficiency, productivity, and intelligence that everyone will need to sustain and grow a business through a dynamic economic outlook.
To get a closer look at what Sage AI can do and explore all the ways that Sage Intacct elevates accounting for specialty contractors, contact the specialists at RSM.
Brian Townsend-Waltsak
Brian is a Sage Intacct implementation consultant with over three years of experience in enterprise resource planning (ERP) migrations, solving clients’ most critical business processes. His consulting experience has been focused on software transitions from legacy to Sage Intacct, including software configuration, data migration, and end user training. Brian has worked on numerous client projects, acting as both a lead and support implementation consultant.
